The wait is finally over, the guys behind the VideoLAN Project have released the latest version of the long awaited VLC Media Player 1.0. Being a huge fan of VLC media player since the beginning, I have being following this project closely for quite some time. The latest version brings some serious goodies such as Live Recording, Instant Pausing(frame-by-frame support), Better Speed Controls, and much more. The full list of new features is available on the VideoLAN website. So what are you waiting for? Grab the latest version for your favorite OS now.